Posted on 06/09/2017 6:22:34 AM PDT by SkyPilot
All big retailers have infrastructure, JC Penny, KMart, Target. Infrastructure is omnipresent everywhere. Empty buildings everywhere. Plenty of shipping exists such as UPS.
CEOs of every retail company are losers, big losers. They know what they see. But software is unseen.
Every big retailer’s software is trash. That is the DIRECT connection to their customer, and it is trash.
CEO losers.
Hey, let us hire more of the same, with disdain for their customer. lol
Your first post was true. You accurately depicted the cause of the Great Depression but forgot to insert the globalist mantra lie about Smoot - Hawley! Whoops!
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He has predicted market crashes almost every year.
What happened to the crash he promised in February 2016?
All of this market doom is the wishful thinking of the international bankers that hate to see the world’s only free nation on top.
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>> “This whole thing is not about “if”. It is about “when”, and it’s NOT just the US.” <<
Read your Bible!
The economic doom is all in the 7th seal.
We’re presently at the early part of the 6th seal.
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Cramer’s a frontrunner. He’s just not been caught yet. He’s the new millennium version of Dan Dorfman.
I’d believe him before that fat pig one............
EF Hutton. Sorry for my typing.
Obama opened Freddie and Fannie to every minority for home loans. Look at all the new construction now.
So your advice to avoid the downturn is to never invest in stocks?
True.
Nobody believed me in 2006 nor 2007.
And it was worse than I thought. I was already feeling the effects.
I know all too well the damage that’s been done.
He’s now on silver.
You want my take on protecting yourself with some value insurance? Move 5% into cash and keep it handy around the house. You'd be surprised how many people don't have any cash on hand. If you do have it, and it's in a bank, you may have difficulty obtaining it when the SHTF during a collapse. A lot of people don't even have cash at all, living paycheck to paycheck. Cash will help you get what you need in hard times, from black markets or paying under the table for goods and services. Not everyone will take physical metals, let alone give you change.
Puerto Rico
in 2017 alone such well-known companies as Payless, Wet Seal, The Limited and hhgregg have filed for protection.
Seen some empty Payless stores around me. A shell with nothing in it.
Silver’s barely over $17.00/oz. Bill Devane must be planning to corner the market a la Hunt Bros in 1980.
Sure, I keep some silver cartwheels in the safe. But cash out from stocks? Oh, ye of little faith....
My suggestion would be some in cash, some in cash funds, etc. IOW, a good mix.
I moved my (now long, long gone) 401(k) type money (it was just a few thousand) into bonds in 2007. I actually was still going positive even in 2008 when I had to cash it all in.
Now -— it’s a much different reality. LOL (ouch)
For this to become Venezuela overnight, we are going to have bigger problems than no cash. And if it gets to that point, the cash you have on hand will make no difference as it will be worthless (compared to anything else you would barter with.)
We might be headed for a depression, but we are not headed for Mad Max world.
There is a lot of hyperbole getting tossed around and it is scaring a lot of people who have no clue as to what is coming, or what is going on.
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